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The Finance Manager of HLL Company, a large energy provider, has organised a finance function staff meeting to discuss the potential use of big data systems.

The main point on the meeting agenda is whether the business has the available resources to store and manage the data that will be available and whether it has the financial resources to upgrade the information technology systems.

Which of the following features of big data will these discussions most likely involve?

Options:

Volume

Variety

Veracity

Velocity

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Question 2

Which of the following statements best describes quantitative information?

Options:

Information that comes from data normally expressed as numbers.

Information that is derived from case studies.

Information that is difficult to record and process.

Information that is often in the form of opinions

Question 3

Which of the following is an advantage of a functional organisational structure?

Options:

There is a clear career path for employees to work their way up through.

The owner has a greater level of control over the workforce and all decisions.

The structure is easily adapted for further diversification.

It encourages teamwork and the exchange of opinions and expertise.

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